Sulja Bros. Building Supplies, Ltd (SLJB)

[TheFraudStopper]

Airys Latest Insanity Analysed


Courtesy of CarmelBeach over on RB

http://ragingbull.quote.com/mboard/boards.cgi?board=SLJB&read=11199

By: carmelbeach
11 Jan 2007, 01:56 AM EST
Msg. 11199 of 11199
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Deconstructing Airys418 Latest

Airys' FULL UNEDITED POST AT THE BOTTOM

Airys' remarks will be in quotes.
Mine will be bracketed by **** at beginning and end.

"I am no longer going to be posting information I receive from the company because as the PR we got today stated, no shareholder should listen to anyone other than the company, the OSC or the lawyers for information."

"I am not going to put the company in further trouble because by relaying any more info I may upset the lawyers that are representing the company and I don't want to cause them to drop Sulja as a result of the company's actions or mine."

**** INSTANT AMNESIA AS HE GOES ON TO SAY ****

"The last time I spoke to the company, they were still getting new deals and were getting lots of new business."

"Last I heard, the SEC has no plans on halting the stock as long as the company continues to cooperate and continues to supply them with information. In fact, for those that didn't know, the SEC is the one that asked the Sulja lawyers in Chicago to put out the PR that they put out today. This was one of the requirements that were needed for them to continue to trade. So far the company is OK with the SEC.

In addition, no Wells notice has been received by anyone at the company to date.

Yesterday I heard that the company is still going strong and that certain deals have been finally closed and completed per the company."

**** SO HE IMMEDIATELY PROCEEDED TO DO WHAT HE SAID AT THE TOP HE WOULDN'T DO. Bonehead! Now let's consider some particulars. ****

"I can only assume that the Sulja operations will continue to operate as before and the company will still experience growth on it's own as it has for almost two decades."

**** Posted by: Stock H.O.G 12/13/2006 "This is what I heard today and took notes on. None of this is my opinion, it's what I heard from Steve Sulja and Petar Vucicevich .... 23) What are the approximate revs of Sulja and SAMs per month? About 1M to 1.2M/month this year. It was probably about 2M/month the prior year."

A DROP FROM $2M PER MONTH TO $1M IS A DROP OF 50 PERCENT. A drop from $2M to $1.2M is a drop of 40 percent. THIS IS 'GROWTH ON ITS OWN AS IT HAS FOR ALMOST TWO DECADES'? Thanks, but no thanks. ****

"I have always been honest in everything I have stated in my posts in the past. I'm sorry so many of you feel that I have mislead so many people when all I did was put my neck on the line for the shareholders in the name of truth for all. I do not feel that I have mislead anyone with what I have stated in the past because I only relayed the information I had received from Petar and others at the company."

**** There are 2 things at issue here.

1) Has Airys faithfully/honestly recounted what he is told? Probably he really thinks he has and probably he has tried; however his CONCERN FOR HIS STOCK VALUE apparently makes it impossible for him to be truly honest in his reporting as HIS CLEAR AND INCREASINGLY URGENT CONCERN IS TO NOT LOSE MORE MONEY and before the 11/16/ crash it was to MAKE MONEY.

He is clearly very self-interested and increasingly desperate and subject to self-delusion about the facts of the SLB story and the prospects for PPS increase. He is wracked by emotional turmoil as he has repeatedly candidly posted. These factors arguably make his reporting somewhat less than 'honest' even if tries hard to be 'honest'.

2) Has the 'information' itself that he has conveyed from PV, Steve Sulja et al been TRUTHFUL and ACCURATE? Because if it has not then Airys misleads his readers anyway despite his best intentions. At this point all but the hopelessly dopey stucks and dupes realize that 'INFORMATION' FROM PV ESPECIALLY, BUT OTHERS ALSO, CANNOT BE RELIED UPON. Which does not mean it is never true. TODAY'S PR which was out before Airys' post EXPLICITLY SAID SO and the experience of numerous past PRs and Sulja spokesmens' statements already being clearly discredited is known to almost everyone. So the bottom line is that Airys HAS BEEN MISLEADING HIS READERS, intentionally or not, and to the severe detriment of many. ***

"The last time I spoke to the company, they were still getting new deals and were getting lots of new business........Yesterday I heard that the company is still going strong and that certain deals have been finally closed and completed per the company."

**** STOP IT. STOP IT RIGHT NOW YOU FOOL.

PR of 12/5/06: "the Company is compelled to state in no uncertain terms that the concrete commodities mentioned in that release and the corresponding transaction were indeed cancelled and no contract, even if drafted to finality, was consummated. SLJB hopes that this statement serves to provide a final concurrence or addendum to the entire issue."

PR of 9/5/06 being retracted: "A Sulja Bros. Building Supplies (PINKSHEETS: SLJB) spokesperson announced the closing of the cement contract in Dubai with Ramada General Contracting in Abu Dhabi, UAE.

CEO Steve Sulja stated: "The cement contract has been finalized, and the contract is officially closed. The contract is for seven million metric tons of cement per year. The cement will be transported to Abu Dhabi, UAE.." "

Windsor Star 12/30/06: "The UAE brokerage company mentioned in the OSC allegations said in an interview with The Star that it never closed a $350-million cement deal in September with Harrow-based Sulja Bros.

“We never had a contract,” said Hazem Hamaidi, general partner of Ramada General Contracting, reached by telephone in Abu Dhabi, UAE.

Hamaidi and his partner Saleh Khateeb said they were completely unaware that Sulja Bros. issued a news release Sept. 5 claiming to have closed a major contract with Ramada.

Hamaidi, who speaks English, and his partner Khateeb, were interviewed through Windsor Arabic translator Nazer Marar. The partners said various deals were discussed in some telephone calls and email correspondence, in July and August, but nothing came of it."

AND THAT'S JUST ONE EXAMPLE, the one that is most thoroughly discredited. Others that have stalled, faded, reversed, dissolved, or never were real include Design Depots, Liberian Timber, Lumber Mills, Al Reem Hotel Project etc etc. So I repeat, airys, STOP IT; STOP IT NOW AND FOREVER. ****

"Last I heard, the SEC has no plans on halting the stock as long as the company continues to cooperate and continues to supply them with information. In fact, for those that didn't know, the SEC is the one that asked the Sulja lawyers in Chicago to put out the PR that they put out today. This was one of the requirements that were needed for them to continue to trade. So far the company is OK with the SEC.

In addition, no Wells notice has been received by anyone at the company to date."

*** I WILL DEAL WITH THIS MATTER IN A SEPARATE POST ****

"If in fact it is proven in a court of law that the company deliberately stole our money and lied to my face, I will be right beside those who wish to take action against the company and I will assist in any way that I can."

**** It is obvious already that 'the company' has lied, including 'to his face'. And waiting until it may be proven in a court of law is waiting until long after his money is gone, so good luck with that. ****


AIRYS418 FULL POST

Posted by: Airys418
In reply to: None
Date:1/10/2007 7:10:20 PM
Post #241806

To All, I am writing this post to explain my feelings about the current situation. I am no longer going to be posting information I receive from the company because as the PR we got today stated, no shareholder should listen to anyone other than the company, the OSC or the lawyers for information. My posts would mean nothing and would only cause further attacks on me and the company.

I have always been honest in everything I have stated in my posts in the past. I'm sorry so many of you feel that I have mislead so many people when all I did was put my neck on the line for the shareholders in the name of truth for all. I do not feel that I have mislead anyone with what I have stated in the past because I only relayed the information I had received from Petar and others at the company.

I feel as bad as all of you because I am also at a huge loss and I am feeling the pain for my decisions. I still to this date have not sold out on my position and I still have my shares. I am not going to put the company in further trouble because by relaying any more info I may upset the lawyers that are representing the company and I don't want to cause them to drop Sulja as a result of the company's actions or mine. I know that the attorneys are working hard to defend their client and we have to respect their wishes because they know how to do the job better than any of us to defend them and get us out of this mess.

I am currently on good talking terms with the company and all involved because I am waiting to see how this plays out first. Although things don't look too pretty at the moment, I am confident that as things get verified and clarified, we will begin to hear news from the company and the OSC. I am truly sorry for disappointing so many of you. I really did give it my best shot ever. I can honestly tell you that I have lost plenty of sleep and have worried for what seems like forever about all involved as shareholders. I have a heart too and I can feel pain as you can. I only wanted to try to make things better for all by finding an avenue of communication with the company during a time when there was none.

I do feel that the PPS will increase once verification comes out. At least when the information does comes out we'll know it's legit and has been looked at closely by the big guys involved. The last time I spoke to the company, they were still getting new deals and were getting lots of new business. I can only assume that the Sulja operations will continue to operate as before and the company will still experience growth on it's own as it has for almost two decades. Nothing has changed with these operations to my knowledge and I do not expect them to change as a result of what has happened.

All we can do for the moment is hope and pray that things will improve from the levels that they are now and hope that by continued cooperation with the SEC the company will be allowed to trade in the US as it is now. Last I heard, the SEC has no plans on halting the stock as long as the company continues to cooperate and continues to supply them with information. In fact, for those that didn't know, the SEC is the one that asked the Sulja lawyers in Chicago to put out the PR that they put out today. This was one of the requirements that were needed for them to continue to trade. So far the company is OK with the SEC.

In addition, no Wells notice has been received by anyone at the company to date.

Yesterday I heard that the company is still going strong and that certain deals have been finally closed and completed per the company. I will wait for confirmation by the authorities involved of what those deals are. I do not know which deal(s) they are referring to but I can only hope and pray it's the cement deal they recently announced or another deal we don't know about. No details were given to me about it. Either way, everything will still have to come from the lawyers so do not believe anything I say until it is confirmed. I am not going to say any more at this time. Expect nothing from me from now on as I cannot put myself or the company in harms way. You all read the PR today and you know what it means. Enough damage has been done already and all we need is some time to heal our wounds and let the lawyers and the OSC do their investigation.

I will not give up in the pursuit of getting information. I am a shareholder in the company and I will not turn my back on my money. I will defend it to my limits.

If in fact it is proven in a court of law that the company deliberately stole our money and lied to my face, I will be right beside those who wish to take action against the company and I will assist in any way that I can. In the meantime, I will remain patient.

May God bless you all.

Peace,
Airys418